Hyatt Hotels — Jul 30, 2026 release

• The increase in the System-Wide Hotels RevPAR Growth outlook reflects the strong second quarter performance in the United States, including the FIFA World Cup. The full year outlook assumes moderately stronger growth in international markets compared to the United States. United States RevPAR is now expected to grow between 3% and 4% for the full year. • Net Package RevPAR growth is expected to be lower than previous expectations but to remain positive for the full year. While booking trends in Mexico continue to improve sequentially, the pace of recovery has been slower than previously anticipated. • Net Rooms Growth outlook is adjusted to reflect the weighting of expected openings in the back half of the year and the potential for some openings to shift into early 2027. • Gross Fees outlook reflects the strength in the core fee business offsetting the short-term impacts from lower demand in Mexico, the conflict in the Middle East, and the timing of certain hotel openings. • Adjusted EBITDA outlook reflects the strong Gross Fees outlook partially offset by a Distribution segment Adjusted EBITDA expected decline of approximately $25 million for the full year compared to 2025 driven by lower demand in Mexico and the impact of Hurricane Melissa. No disposition or acquisition activity beyond what has been completed as of the date of this release has been included in the 2026 outlook. The Company's 2026 outlook is based on a number of assumptions that are subject to change and many of which are outside the control